This week on our closeout: Target extended its store hours for the holidays and Nuuly launched ‘The Thrift Shop’ #TheWeeklyCloseout
Retail Dive
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We provide business journalism and in-depth insight into the most impactful news and trends shaping retail and ecommerce
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Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter and website cover topics such as the future of brick-and-mortar, retail technology, e-commerce, marketing, payment technology, in-store operations, omnichannel shopper journey, and more. Retail Dive is a leading industry publication operated by Industry Dive. Our business journalists spark ideas and shape agendas for 13+ million decision-makers in the most competitive industries.
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动态
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Dillard’s keeps the focus on expenses in Q3 as sales edge down. Compared to some rivals, the #Dillards is less dependent on the #holiday quarter when it comes to the year’s operating profits.
Dillard’s keeps the focus on expenses in Q3 as sales edge down
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Per an S&P Global Ratings report, #holidaysales growth is expected to stay below 10-year average. Retailers are likely to lean on #discounts to drive sales as consumers continue feeling the pressure of #inflation
Holiday sales growth expected to stay below 10-year average
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Dollar Tree names new leader to guide #FamilyDollar’s future. The company this week also named a new chief of its namesake banner and a new chief people officer.
Dollar Tree names new leader to guide Family Dollar’s future
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CEOs say #personalization is the key to success in #musicretail. The leaders of two of America’s top musical instrument retailers, Guitar Center and Sweetwater, say guiding customers through product discovery is key to sustaining sales momentum.
CEOs say personalization is the key to success in music retail
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This week on our closeout: E.l.f. Beauty enters #DollarGeneral and retail preps for a new president
The Weekly Closeout: E.l.f. Beauty enters Dollar General as retail preps for a new president
retaildive.com
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As CEO Kevin Plank implements his turnaround strategy at #UnderArmour, the retailer’s revenue continues to tumble. In the second quarter, the metric was down 11% year over year to $1.4 billion, with North America revenue falling 13%.
Under Armour plots ‘most significant’ marketing to date as it works to win back shoppers
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As Trump rises again, so too might inflation. Some retailers could get hit hard by policies promised by the president-elect, especially tariffs and taxes, though tax breaks may be a tailwind. #Election2024
As Trump rises again, so too might inflation
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Dollar Tree's CEO stepped down. Rick Dreiling’s departure due to health concerns comes as the company is navigating several challenges, including a possible spin off or sale of its #FamilyDollar banner. #DollarTree
Dollar Tree CEO steps down
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Vitamin Shoppe's owner, Franchise Group, filed for #bankruptcy. Franchise Group, which also runs Pet Supplies Plus and Buddy’s Home Furnishings, will shut down?American Freight starting this week.
Vitamin Shoppe owner files for bankruptcy
retaildive.com